According to the Houston Association of Realtors, sales of all property types enjoyed an 8.3-percent year-over-year increase in June. The median price for a single-family home in Houston is not $239,023, and the average sits at more than $304,000.

"June proved to be another phenomenal month for the Houston real estate market with buyers and renters sending volume and pricing into record territory," Houston Association of Realtors chair Cindy Hamann said in a press release. "Between continued strong employment numbers and healthy housing inventory levels, we expect the market to remain vibrant."

As most locals know, the city's outskirts typically offer more bang for your buck.

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Take a look at suburban-Houston homes priced at around $300,000 to see what city's average looks like outside Beltway 8:

3426 Satton Ranch in Katy: Built in 2015, this 2,636-square-foot house has four bedrooms and three baths. The modern kitchen features stylish details and sleek new appliances. Set on a 6,634-square-foot lot, the property has a a large backyard and is zoned to Katy ISD schools.

4806 Ladona in League City: This 2,594-square-foot house is hosting an open house Aug. 5 from 3 to 5 p.m. The four-bedroom, two-story residence has an open-layout floor plan, with the second floor game room looking over the kitchen and den. Stylish detail add flair to the Mar Bella subdivision property.

75 W. Wading Pond in The Woodlands: A sprawling, 7,811-square-foot lot is the setting for this 2,578-square-foot, four-bedroom house. Built in 2012, the house has a number of custom upgrades and contemporary architectural details. It's zoned to Tomball ISD schools.

7115 Glenwood in Sugar Land: This 1993 house was been well maintained and seen the addition of a new roof and new appliances recently. The three-bedroom residence has three baths and is situated in Sugar Land's desirable Greatwood subdivision.